Walmart, Straight Talk to offer the iPhone without a contract

Walmart and Straight Talk Wireless are preparing to start offering the iPhone without requiring customers to sign a single piece of paper. Starting on January 11, interested users will be able to grab Apple’s smartphone in more than 2,000 Walmart stores and online at Walmart.com, and use it with Straight Talk’s $45 no contract unlimited talk, text and data plan. Or if they need to call abroad, go for a slightly more expensive $60/month plan that adds unlimited international calling to more than 1,000 destinations in Mexico, Canada, India and other countries.

As for the phone pricing, the iPhone 5 will be available in black and white for $649 for the 16GB model only, while the 8GB iPhone 4 (guess they actually mean iPhone 4S) could be yours in black and white for $449. Like that’s not enough, Walmart is further sweetening the deal offering a special financing for $25 a month with a Walmart Credit Card. Sweet.